MXC Mexco Energy Dashboard

Mexco Energy Corp. operates as an independent oil and gas company, which engages in the acquisition, exploration, development, and production of natural gas properties and crude oil. The firm focuses on the Midland Basin located in Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties; and Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico, and Loving County. The company was founded in April 1972 and is headquartered in Midland, TX.

Company profile

Ticker

MXC

Exchange

AMEX

Website

www.mexcoenergy.com

CEO

Nicholas C. Taylor

Incorporated

Colorado

Location

Texas

Fiscal year end

Mar 31

Sector

Energy Minerals > Oil & Gas Production

Industry (SIC)

Crude Petroleum & Natural Gas

Petroleo Brasileiro S.A. Petrobras • Anadarko Petroleum • Marathon Oil • Apache • Devon Energy • Occidental Petroleum • EOG Resources • Pressburg • Ovintiv • California Resources ...

SEC CIK

0000066418

Corporate docs

Articles of Incorporation & Bylaws

IRS number

840627918

MXC stock data

S&P 500

1M 1Y 2Y 5Y

News

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Press releases

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Mexco Energy Corporation Reports Financial Results for the Third Quarter

10 Feb 21

MIDLAND, TX, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Mexco Energy Corporation (NYSE:MXC) today reported net income of $80,497 for the quarter ending December 31, 2020, the Company's third quarter of fiscal 2021. This

Calendar

10 Feb 21

22 Apr 21

31 Mar 22

Financial summary

Financial statements Chart MXC financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Mar 20	Mar 19	Mar 18	Mar 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	41.02K	41.02K	41.02K	41.02K	41.02K	41.02K
Cash burn (monthly)	7.22K	1.86K	(positive/no burn)	20.58K	(positive/no burn)	(positive/no burn)
Cash used (since last report)	27.02K	6.95K	n/a	77.03K	n/a	n/a
Cash remaining	13.99K	34.07K	n/a	-36.01K	n/a	n/a
Runway (months of cash)	1.9	18.3	n/a	-1.7	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

MXC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
9 Apr 21	Kenneth L. Clayton	MXC COMMON STOCK	Sell	Dispose S	No	No	8.2	100	820	17,900
9 Apr 21	Kenneth L. Clayton	MXC COMMON STOCK	Option exercise	Aquire M	No	No	6.8	100	680	17,900
9 Apr 21	Kenneth L. Clayton	STOCK OPTIONS COMMON STOCK	Grant	Aquire A	No	No	6.8	5,000	34K	4,900
9 Apr 21	Michael J Banschbach	MXC COMMON STOCK	Sell	Dispose S	No	No	8.04	100	804	10,100
1 Apr 21	Donna Gail Yanko	MXC COMMON STOCK	Sell	Dispose S	No	No	9	2,000	18K	2,668
30 Mar 21	Donna Gail Yanko	MXC COMMON STOCK	Sell	Dispose S	No	No	8.4	3,000	25.2K	4,668
26 Mar 21	Kenneth L. Clayton	MXC COMMON STOCK	Sell	Dispose S	No	No	8.2026	5,000	41.01K	18,000
26 Mar 21	Kenneth L. Clayton	MXC COMMON STOCK	Option exercise	Aquire M	No	No	6.8	5,000	34K	23,000
26 Mar 21	Kenneth L. Clayton	STOCK OPTIONS COMMON STOCK	Grant	Aquire A	No	No	6.8	5,000	34K	5,000
24 Mar 21	Donna Gail Yanko	MXC COMMON STOCK	Sell	Dispose S	No	No	8.2	3,000	24.6K	7,668

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

MXC institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

0.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	6	6	–
Opened positions	1	1	–
Closed positions	1	2	-50.0%
Increased positions	1	2	-50.0%
Reduced positions	2	0	NEW

13F shares	Current	Prev Q	Change
Total value	84K	67K	+25.4%
Total shares	14K	13.91K	+0.7%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Renaissance Technologies	11K	$66K	+5.8%
MS Morgan Stanley	2.5K	$15K	0.0%
UBS UBS Group AG - Registered Shares	455	$3K	-54.1%
Inspire Advisors	44	$0	NEW
WFC Wells Fargo & Co.	5	$0	-16.7%
Proequities	0	$0

Largest transactions	Shares	Bought/sold	Change
Renaissance Technologies	11K	+600	+5.8%
UBS UBS Group AG - Registered Shares	455	-536	-54.1%
Inspire Advisors	44	+44	NEW
BAC Bank Of America	0	-10	EXIT
WFC Wells Fargo & Co.	5	-1	-16.7%
Proequities	0	0
MS Morgan Stanley	2.5K	0	0.0%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

We had a net loss of $99,478 for the year ended March 31, 2020 compared to a net loss of $12,946 for the year ended March 31, 2019. This is primarily the result of a decrease in natural gas sales, an increase in operating expenses and interest expense partially offset by increase in oil sales that is further explained below.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: appointed, Chairman, death, Decker, Director, expenditure, expert, formal, knowledge, listed, mentioned, Middle, qualitative, Sand, thirteen

From filing 10-Q 2021 Q3